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FEATURED ARTICLES

  • How CIOs Can Drive Growth In The Food & Beverage Industry: Three Supply Chain Innovation Opportunities

    The role of chief information officers (CIOs) at consumer packaged goods companies historically has been to deliver efficient and unfailing systems at the least cost. Information technology has been viewed as a cost of business instead of a driver of strategy and a means for profitability and advancement. However, for Food & Beverage companies that need to support business growth and competitive differentiation, this approach is clearly antiquated.

  • How Improving Vendor Performance Can Yield Higher Retailer Profits

    The relationship between vendor performance and retail profits is inextricable, and improving it yields big wins for both parties.

  • The Profit Impact Of Vendor Performance

    Data from a 24-month period of results of a $3 Billion multinational retailer.

  • Mobile Devices: The Multi-Million Dollar Problem And The Fix

    The introduction of new technologies is essential for efficiency in business today, but these technologies often impact the bottom line in ways that aren't expected. The retail industry's complete dependence on mobile devices is a prime example. Today's large chains have an average of 60 wireless devices per store, ranging from barcode scanners and portable printers to handheld computers and mobile POS systems, all of which are critical for daily operations.

  • Acuity Or Ratio: How Do We Properly Staff Our Organizations With Nurses?

    By Barry P. Chaiken, MD, FHIMSS

    As the healthcare industry shifts to value-based reimbursement and the associated reduction in reimbursement rates, hospitals look to cut costs throughout their organizations. With labor accounting for more than 60 percent of all hospital costs –nurses, who make up the bulk of those costs – find themselves shouldering the burden of labor-related cost reductions. These cost cutting activities manifest themselves through a reduction in staffing, leading to a decrease in nurse-patient ratios and the employment of less experienced professionals at lower salary levels.

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SUPPLY CHAIN RESEARCH SUPPLEMENT

Supply Chain Execution 2014: Making Any-Channel Retail Fulfillment Profitble.Supply Chain Execution 2014: Making Any-Channel Retail Fulfillment Profitble.

Omni-channel is evolving and maturing. Retailers are turning from envisioning the future of digitalenabled shopping toward making that vision a reality. However, for all the work that has been done, one particular function of the retail business has been held apart: the supply chain.

Changing the supply chain is time consuming, resource intensive, expensive, and risky. And though most retailers have grappled with how digitallyenabled consumer shopping behaviors are changing, most have responded with a thin layer of omni-channel veneer and a supply chain unchanged — isolated and protected at all costs.

Like a pressure cooker locked down too tight, however, the forces acting on supply chain are only building greater pressure, from shifting consumer behaviors to demands for omni-channel service. And those forces won’t be easing up anytime soon. While the retail supply chain has been designed and refined to serve one channel only — stores — most retailers are looking to other channels, digital channels that only increase retailers’ need to become more seamlessly omni-channel, like mobile.

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SUPPLIER OF THE WEEK

Honeywell

Honeywell

Established in 1972, Honeywell Scanning and Mobility is a leading manufacturer of data collection and communication products designed specifically for mobile, on-site, and transaction processing applications.

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  • Inventory Management
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    Critical information about inventory is often difficult to access. Disparate systems, outsourced operations, and increasingly complex supply chains can disperse inventory information across several channels. This poor information visibility costs you in the form of storage, excess quantities on hand, and lost sales.

    At the same time, relationships between customer, vendor, and logistics providers have become more strategic in nature, with ever-changing roles. Visibility and access to inventory information becomes more difficult, yet ever more crucial to operations.

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